Ministers Yogeshwara, Rajugouda may quit today

February 21, 2013

Bangalore, Feb 21: The Congress is yet to announce how many migrants from other parties it will accomodate. But there are speculations that Forest Minister C?P Yogeshwara and Small?Scale Industries Minister Rajugouda will resign from their posts and also give up the BJP membership on Thursday.cpy

It is said that keeping the ‘winnability’ factor in mind, the party high command has orally told these two BJP ministers that they will be inducted into the Congress. However, neither the KPCC?president G Parameshwara nor any of his party colleagues have made any announcement in this regard.

It is said Yogeeshwara and Rajugowda will meet Chief Minister Jagadish Shettar to submit their resignations as ministers in the morning. Later, they may meet Speaker K?G Bopaiah to put in their papers as MLAs.

When contacted by this paper, Yogeshwara said he planned to put in his papers on Thursday. However, he did not categorically say he will join the Congress, though he dropped sufficient hints that he will be the Congress candidate from Channapatna.

Yogeshwara, who is facing a probe by the CID and the Serious Fraud Investigation Office in the Mega City land scam, was elected to the Assembly on a Congress ticket in the 2008 elections. Later, as part of Operation Lotus, he quit the Congress and joined the BJP.

Now, he is all set to return to the Congress. Sources in the Congress said there is stiff resistance from a section of the party to allow the entry of tainted BJP?MLAs.

However, some senior leaders in the party are supporting the BJP?MLAs who are eager to join the Congress. JD(S)?State president H D?Kumaraswamy’s wife and MLA Anita Kumaraswamy is likely to contest from Channapatna. To face the JD(S) in this constituency, the Congress does not have a strong candidate. Hence, it is favouring the re-entry of Yogeeshwara, it is said.

The Congress may not hesitate to allow the entry of four Independent MLAs, it is said. Not less than six BJP?MLAs are waiting for the green signal from the Congress to join the party. But the party is not in a hurry to rush through the decisions as there are many ticket aspirants in the party itself.

The BJP may lose some more MLAs in the coming days. Belur Gopalakrishna, MLA from Sagar, on Wednesday told reporters that he had decided to quit the BJP as the party has ignored him and his Idiga community.

“There are four Cabinet berths vacant. Still, the party is not filling them with deserving candidates. Idigas are nearly 60 lakh in population. But the BJP did nothing for this community,” he said. Asked whether he would join the Congress, he did not offer a direct reply.

Pratap Gouda Patil, BJP?MLA from Maski, may also quit the party soon. Shankarlinge Gowda, BJP?MLA from Chamaraja constituency of Mysore, has already identified himself with the JD(S). He may soon resign as an MLA.

Water Resources Minister Basavaraj Bommai and Suresh Gowda, BJP?MLA from Tumkur Rural, have spiked rumours that they would join the Congress. While Bommai said that he would be with the BJP, Gowda said he had never sought a Congress ticket. At present, the strength of the BJP is 105. Independent MLA Varthur Prakash is a minister. The resignations of two BJP?MLAs Vittal Katakadonda and D?S?Suresh are pending with the Speaker. The Congress has 71 members, while the JD(S) has 25.

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News Network
June 2,2020

New Delhi, Jun 2: Congress leader Rahul Gandhi on Monday took a jibe at Prime Minister Narendra Modi over Moody's Investors Service downgrading India's sovereign rating to the lowest investment rate and said that the global rating agency has rated his handling of the country's economy "a step above junk".

"Moody's has rated Modi's handling of India's economy a step above JUNK. Lack of support to the poor and the MSME sector means the worst is yet to come," the Congress leader tweeted citing a media report on Moody's downgrading the nation.

On Monday, Moody's downgraded the country's rating to "Baa3" from "Baa2". This comes at a time when the government is facing criticism from the Opposition over its handling of the COVID-19 situation and measures to boost the economy.

The government has already announced a stimulus package of Rs 20 lakh crore to deal with the situation.

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Agencies
July 21,2020

New Delhi, Jul 21: The Supreme Court has asked the Ministry of Finance to look into a plea which claimed a loss of hundreds of crore every day, as the public sector banks are not invoking personal guarantees of big corporates who have defaulted on loans.

A bench comprising Justice R. F. Nariman and Navin Sinha asked the petitioners, Saurabh Jain and Rahul Sharma, who filed the PIL, to move the Finance Ministry with a representation within two weeks. The top court observed that the issue is important and the ministry should respond after the petitioner has made the representation before it. The matter had come up for hearing on Monday.

"We are of the view that at page 115 of the Writ Petition it has been made clear that the Ministry of Finance itself has, by a Circular, directed personal guarantees issued by promoters/managerial personnel to be invoked. According to the petitioners, despite this Circular, Public Sector Undertakings continue not to invoke such guarantees resulting in huge loss not only to the public exchequer but also to the common man", said the bench in its order.

Senior advocate Manan Mishra and advocate Durga Dutt, represented the petitioners.

Mishra contended before the bench that the statistics establish the public sector banks incurred a loss of approximately Rs 1.85 lakh crore in a financial year, and the banks did not take action to invoke personal guarantees of the biggest corporate defaulters.

The bench observed that since the petitioners claim the public sector undertakings are not complying with this circular, "We think you should first go to the ministry," said the bench.

Mishra argued before the bench that the loans from a common man are recovered through a mechanism where officials go through even the minutest detail, but promoters, chairpersons and other senior level functionaries of the big corporates find it convenient to get away by defaulting on loans.

The bench told the petitioner's counsel that the Finance Ministry has already issued a notification on this matter, and the petitioners should seek response from the ministry, and then move the top court. Mishra submitted before the bench to issue a direction to the Finance Ministry to give a response on their representation.

The bench said, "We allow the petitioners, at this stage, to withdraw this Writ Petition and approach the Ministry of Finance with a representation in this behalf. The representation will be made within a period of two weeks from today. The Ministry of Finance is directed to reply to the said representation within a period of four weeks after receiving such representation. With these observations, the petition is allowed to be withdrawn to do the needful."

Mishra contended before the bench seeking liberty to come back after a reply from the Finance Ministry. Justice Nariman said this option is open for petitioners after a decision has been taken by the ministry. "We will hear you", added Justice Nariman.

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News Network
March 30,2020

Thiruvananthapuram, Mar 30: Kerala reported 32

fresh cases of coronavirus on Monday, with the worst affected Kasaragod district alone accounting for 17 cases.

Kannur reported 15 cases, while Wayanad and Idukki reported two each, Chief Minister Pinarayi Vijayan told reporters here after a COVID-19 review meeting.

Of the 32 cases, 17 had come from abroad and 15 had been infected through contact.

A total of 213 people are presently under treatment in Kerala.

At least 1.50 lakh people are under surveillance in the state and 623 are in isolation wards of various hospitals.

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